Mr. Brad Langille reports

GOGOLD ANNOUNCES RECORD QUARTERLY OPERATING CASH FLOW

GoGold Resources Inc. had record financial results for the quarter ending March 31, 2026, with record quarterly operating cash flows of $21.2-million (all amounts are in U.S. dollars) on revenue of $30.3-million from the sale of 383,695 silver equivalent ounces (SEOs).

"Parral continues to provide excellent results, propelling the company to record operating cash flows of $21.2-million. As we complete our 12th year at Parral, it continues to operate strongly and is producing record cash flows for us," said Brad Langille, president and chief executive officer. "We ended the quarter with $262-million in cash, which, along with our cash flow from Parral, exceeds the initial capital expenditure of $227-million for Los Ricos South based on the feasibility study. With the logistics and detailed engineering well advanced, once we have our permit in hand for Los Ricos South and our excellent balance sheet we are ready to go."

Highlights for the quarter ending March 31, 2026:

• Record operating cash flow of $21.2-million, including Parral free cash flow of $14.6-million;
• Cash of $262.2-million;
• Revenue of $30.3-million on the sale of 383,695 SEOs at an average realized price per ounce of $79.04;
• Net income of $16.4-million;
• Production of 394,605 SEOs, consisting of 230,680 silver ounces, 2,549 gold ounces, 84 tonnes of copper and 93 tonnes of zinc.

Attached are tables showing summarized financial information and key performance indicators.

Silver equivalent ounces sold were heavily impacted by the strengthening of silver prices relative to gold for the three months ended March 31, 2026, compared with March 31, 2025, with the equivalency ratio of gold: silver increasing from 58 to 90. For comparison purposes, using the March 31, 2025, equivalency ratio for the quarter ended March 31, 2026, would result in 487,657 SEOs sold.

This news release should be read in conjunction with the interim consolidated financial statements for the quarter ended March 31, 2026, notes to the financial statements, and management's discussion and analysis for the quarter ended March 31, 2026, which have been filed on SEDAR+ and are available on the company's website.

Technical information contained in this news release with respect to GoGold has been reviewed and approved by Bob Harris, PEng, who is a qualified person for the purposes of National Instrument 43-101.

About GoGold Resources Inc.

GoGold Resources is a Canadian-based silver and gold producer focused on operating, developing, exploring and acquiring high-quality projects in Mexico. The company operates the Parral tailings mine in the state of Chihuahua, and has the Los Ricos South and Los Ricos North exploration projects in the state of Jalisco. Headquartered in Halifax, N.S., GoGold is building a portfolio of low-cost, high-margin projects.

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